【金融街发布】人民银行：前七个月社会融资规模增量比上年同期多5.12万亿元

Core Insights - The People's Bank of China reported that the cumulative social financing scale increment for the first seven months of 2025 reached 23.99 trillion yuan, an increase of 5.12 trillion yuan compared to the same period last year [1] Summary by Category Loans to the Real Economy - The increase in RMB loans to the real economy was 12.31 trillion yuan, which is a decrease of 694 million yuan year-on-year [1] - Foreign currency loans to the real economy, converted to RMB, decreased by 725 million yuan, a year-on-year reduction of 245 million yuan [1] Other Financing Sources - Entrusted loans decreased by 689 million yuan, which is a year-on-year increase of 116 million yuan in the reduction [1] - Trust loans increased by 1.592 trillion yuan, but this is a decrease of 1.48 trillion yuan year-on-year [1] - Undiscounted bank acceptance bills decreased by 2.196 trillion yuan, with a year-on-year reduction of 1.243 trillion yuan [1] Bond Financing - Net financing from corporate bonds was 1.43 trillion yuan, which is a year-on-year decrease of 1.849 trillion yuan [1] - Government bond net financing reached 8.9 trillion yuan, showing an increase of 4.88 trillion yuan year-on-year [1] Stock Financing - Domestic stock financing for non-financial enterprises amounted to 221.2 billion yuan, which is an increase of 76.7 billion yuan year-on-year [1]